Anything used by a society to purchase products and services or resources is called

Name: Anything used by a society to purchase products and services or resources is called
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Money is the generally accepted medium of exchange that is used by a society to purchase products, services, or resources. Barter is a direct exchange of goods or services, capital refers to assets owned by a business, and cash and funds are forms of money. However, money is the only option that fits the given definition.

Anything Used by a Society to Purchase Products and Services